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If Ricks Are So Coveted...Why Are They So Cheap?

plangentmusic

Inactive
Jun 30, 2010
1,922
45
Manhattan
I understand there's a waiting list for Ricks. It's funny -- I got mine used in 1985 when nobody wanted them. Picked up a 1979 4001 for $250.

The funny thing is, it's been appraised for only $2500.00 Granted, a nice profit, but I'm not looking to sell it.

I also noticed some vintage Ricks on ebay going for about 2K -- pretty close to the price of a new one.

Why do you think Ricks haven't grown in value?
 
I understand there's a waiting list for Ricks. It's funny -- I got mine used in 1985 when nobody wanted them. Picked up a 1979 4001 for $250.

The funny thing is, it's been appraised for only $2500.00 Granted, a nice profit, but I'm not looking to sell it.

I also noticed some vintage Ricks on ebay going for about 2K -- pretty close to the price of a new one.

Why do you think Ricks haven't grown in value?

I would say a 1979 4001 should be more like $1500 to $1700.
 
Don't buy a vintage Rick, buy a new one: they're better.

I would not buy a 70s 4001 when I could get a new 4003. The new ones are a lot better. Better necks, better, pickups, better electronics, and they aren't all yellowed and dinged up. Also with a 70s 4001 you never know if a previous owner has screwed up the neck with an improper truss rod adjustment.
 
I understand there's a waiting list for Ricks. It's funny -- I got mine used in 1985 when nobody wanted them. Picked up a 1979 4001 for $250.

The funny thing is, it's been appraised for only $2500.00 Granted, a nice profit, but I'm not looking to sell it.

I also noticed some vintage Ricks on ebay going for about 2K -- pretty close to the price of a new one.

Why do you think Ricks haven't grown in value?

Huh...??

You bought a Ric 25 years ago, it's appreciated 10 times what you paid for it, and you're asking why Ric's haven't grown in value??
 
If you're smart you can get a factory new one for under $1500. That's about the same as walking out of a normal major chain with an MIA Fender. If you're patient you can get a used one for $1000 or less. $675 here. Yeah... Not bad for a long lasting MIA bass. Why are you complaining?

The 4001/4003 haven't changed too much and aren't as rare as the old Fenders. If we're talking very early Rics in rare colors, those go for a lot of dime. (See JohnK's post.) You just aren't asking about the right ones.
 
............. Maybe if they came stock with Dark Stars, I could see it.

IMO, that kinda defeats the whole purpose of having a ric.
personally, i don't think that they're overpriced at all. i think that a quality USA made, neck thru bass with a street price of $1500-$1600 is very reasonable.